You can also do what I do and lease the home TO an operator.

Hey Mani,I don’t have firsthand experience with the Memphis market, but I do invest heavily in Detroit and have done well with Section 8 properties there.

but I do believe that being he is a Billionaire, he picked it for a good reason and this guy became rich because he is intelligent beyond what we understand for the plan he has for the supercomputer in Memphis. 

@Henry Lazerow you know this doesn't make real estate agents look good for trying to do PM services?

I’m interested in doing an STR out of an RV on my primary residence.

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.

And do not be surprised if it is in the wee hours of the morning or night.   

What would you do - would you reach out directly to the seller?

Overall, I think this is a good deal.Obviously, you’ll need to do your own due diligence as well—considering things like the area, tenant profiles, community growth, etc. 

It is probably readily available on their web site.